amwalalghad :: Get To Know

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


The Watch - Get To Know

Amwal Al Ghad English - 2015-09-19 18:49:07
Prime Minister - Sherif Ismail Sherif Ismail, a career engineering technocrat with no history of membership in political parties, was sworn in as Egypt's new prime minister before President Abdel-Fattah al-Sisi Saturday morning. Ismail, who avoids media spotlight and rarely speaks in public on his political views, replaces Ibrahim Mahlab as prime minister. The new PM brought 16 new faces into the cabinet, retained 17 Mahlab picks, and merged or abolished some ministries bringing the total of portfolios to 33 down from Mahlab's 34. Ismail, who was born in 1955, graduated from the Faculty of Engineering at Ain Shams University in 1978. He worked briefly for the multinational oil company Mobil, before joining the Egyptian state-owned company Engineering for the Petroleum and Process Industries (Enppi) in 1979. Ismail served as minister of petroleum under Ibrahim Mahlab since 2014. More»
Amwal Al Ghad English - 2015-08-13 09:01:47
In his blog post Monday announcing the surprise restructuring of Google into a conglomerate called Alphabet, Larry Page said this about Sundar Pichai, 43, the eleven-year Googler who will replace Page as Google’s CEO: “Sundar has been saying the things I would have said (and sometimes better!) for quite some time now, and I’ve been tremendously enjoying our work together. . . .Sergey [Brin] and I have been super excited about his progress and dedication to the company.” Where did Pichai (pronounced peh-CHAI) come from and how did he make his way to head one of the highest-grossing businesses in the U.S.? Last year 89% of Google’s $66 billion in revenues came in through the division Pichai will lead. When he first joined the company, he seemed like one of many smart, capable employees who came from a humble background. According to a June 2014 cover story about him in Bloomberg BusinessWeek, Pichai grew up in Chennai, a southern Indian city of 4 million where his mother worked as a stenographer before she had children and his father, an electrical engineer, managed a components factory for a British conglomerate. More»
Amwal Al Ghad English - 2014-12-01 08:48:29
Gold prices fell the most in more than three weeks and the Swiss franc dipped slightly on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum. The measure, had it been approved, would have compelled the Swiss National Bank (SNB) to more than double its gold reserves and banned it from ever selling the metal, threatening its ability to defend a 1.20 euro cap on the Swiss franc imposed at the height of the euro zone crisis. Gold fell more than two percent to $1,142.91 per ounce, its lowest level in more than three weeks, while silver also took a hit, falling more than six percent to a five-year low of $14.42 per ounce. The Swiss franc dipped to 1.2042 on the euro from 1.2018 at the end of last week. It last stood at 1.2036. "The result should of course temporarily relieve the pressure on the SNB's currency floor, albeit whilst doing little or nothing in our opinion to reverse the fundamental downward trajectory of EUR/CHF," said JPMorgan analyst Paul Meggyesi. Oil prices hit new four-year lows, unable to find a bottom despite their biggest fall in 2 1/2 years last week after OPEC resisted cuts to output in the face of a supply glut. U.S. crude fell more than two percent to a four-year low $64.62 per barrel after a 13.5 percent last week. That marked a 40 percent decline from their peak in June. Sliding oil prices have stirred deflation fears in the euro zone and Japan, cementing expectations that the European Central Bank and the Bank of Japan will take more steps to support their respective economies. The dollar, taking advantage of such concerns, attracted bids against the euro and yen. The euro was slightly weaker at $1.2441 after having fallen on Friday on data showing annual inflation in the euro zone cooled to five-year lows of 0.3 percent in November. Many traders expect the ECB may signal further action to ward off deflation later this week. The dollar also gained 0.2 percent in early trade to 118.81 yen, coming within sight of testing its seven-year high of 118.98 set on Nov. 20. The dollar index, which measures the greenback against a basket of major currencies, rose to 88.316, near four-year highs of 88.44 set on Monday last week. In Asia, falls in energy and raw material prices look set to hurt assets that are tied to the resource sector, including from Australian mining shares to the Malaysian ringgit. Australian shares dipped 0.2 percent in early trade, helping to push down MSCI's broadest index of Asia-Pacific shares outside Japan 0.3 percent. Nikkei futures in Chicago traded about 0.3 percent below Friday's local closing levels but traders say Japanese shares could benefit from both the fall in the yen and oil. Indeed, shares of some of the other oil consuming economies could gain after Wall Street shares rose for a sixth straight week, as strength in consumer names offset falls in energy shares. U.S. debt yields have fallen to six-weeks low of 2.166 percent on Friday as the fall in oil prices cooled inflation expectations. More»
Amwal Al Ghad English - 2014-03-30 07:30:48
Born in 1954 in the coastal city of Balteem in the Delta governorate of Kafr El-Sheikh to a working-class family, Hamdeen Sabahi was the youngest of 11 children.He studied mass communication at Cairo University. A politically-active student, he was elected head of the Cairo University Student Union in 1975 and served as deputy chair of the General Federation of Students from 1975 to 1977. He established the political Nasserist Thought Club to mobilise on Cairo University’s campus in defence of the principles of Gamal Abdel-Nasser's 1952 revolution in a context of later rapprochement efforts with the West by then-president Anwar El-Sadat. As well as being a political activist, Sabahi worked as a journalist. In 1977, following the January popular uprising against Sadat over skyrocketing food prices, Sabahi publicly confronted the president in a televised meeting in which he spoke on behalf of the Cairo University Student Union. As a result, Sabahi was prohibited from working as a journalist in the state media sector for several years. Sabahi’s membership in the Arab Democratic Nasserist Party was suspended in 1994 due to internal conflicts between the party's young cadres – including Sabahi – and the party's old guard of personalities who had been close to late president Nasser. More»
Amwal Al Ghad English - 2014-02-25 15:25:35
On February 25, Ibrahim Mehleb was named as Egypt’s new prime minister, succeeding Dr. Hazem el-Beblawi. Mehleb was minister of housing in the recently resigned Hazem El-Beblawi government. Early Life & Education: Born in 1949, Mehleb graduated with a degree in engineering from Cairo University in 1972. He then worked for Arab Contractors in 1972, the leading state-owned constructions company in Egypt. Early Career: Mehleb was gradually promoted in Arab Contractors, first as director of Bridges Constructions department in the company, then its technical manager in Saudi Arabia, then board member, then vice president, until he became the Chairman of the Board. He has been the Chairman of the Board, Chief Executive Officer and President of The Arab Contractors Osman Ahmed Osman & Co since November 2001. Under Mehleb's leadership, the company carried out major projects in Cairo, including the construction of major bridges. He served as the Chief Operating Officer of Abdullah A. M. Al-Khodari Sons Company. He served as Manager of Bridge Department since December 1994. He served as Technical Manager of Saudi Arab Contractors Company from 1985 to 1987 In July 2013, he was appointed as the Minister of Housing in the military-installed Beblawi government. More»
Amwal AL Ghad Engish - 2014-02-23 07:52:08
A flicker of hope for women across Egypt may have been sparked on Friday, after the first female to head a political party in the country was elected. Breaking through Egypt's political glass ceiling, Hala Shukrallah succeeded former Egyptian Vice President Mohammad ElBaradei to become the Constitution Party’s president. And her win not only represents women, who are a minority in Egyptian politics; she is also a Coptic Christian, a community that makes up 10 around percent of the country’s population. Shukrallah, the founding member of the party, won 108 out of 189 votes, reported Egyptian daily al-Ahram, in the party’s first elections for the position of chairmanship. Shukrallah’s two opponents, former TV host Gamila Ismail and physician Hossam Abdel-Ghafar - both also founding members - took 57 and 23 votes respectively. Two votes were spoilt. More»
Amwal Al Ghad English - 2013-05-07 12:24:17
Yehia Hamed Abdel Samea was named on May 7th as Egypt’s new minister of Investment, succeeding Dr. Osama Saleh. Early Life & Education: Born in 1978, Abdel Samea graduated from the Faculty of Al-Alsun (Foreign Languages) in 1999. He has obtained his master’s in Public Administration, from the Arab Academy for Science and Technology. The new minister has also obtained a Sales Diploma from the American University in Cairo (AUC). Abdel Samea was active in some of community service organizations mainly working on learning youth and micro financing. Early Career: Abdel Samea is Advisor for the Egyptian presidency for projects management and governmental co ordination. He is also a co-founder of the foreign relations committee, of the Muslim Brotherhood’s political party Freedom and Justice (FJP). More»
Amwal Al Ghad - 2012-12-23 14:58:34
On December 22nd, the Egyptian president Mohamed Morsi has met with CIB's Managing Director Hisham Ramez. News were circulated that the president asked Ramez to be the Governor of the Central Bank of Egypt (CBE) when Farouk El-Okdah resigns. Ramez is a prominent Egyptian banker with 29 years of experience in international banking with a strong track record in the areas of Asset and Liability Management, Investment Banking and Risk Management. Hisham Ramez has been the vice chairman and managing director of Commercial International Bank (CIB) since December 2011. When CBE approved the appointment of Hisham Ramez as vice chairman and managing director at CIB, Commercial International Bank gained the most in almost a week. The shares rose as much as 3 percent to EGP 21.20 before closing at EGP 20.71 at 2:30 p.m. in Cairo, valuing the bank at EGP 12.3 billion. Career Life: Ramez was the Deputy Governor and Vice Chairman of the Central Bank of Egypt (CBE) from July 2008 to November 2011. His professional career began in 1982 as a foreign exchange and money market trader with Bank of America in Cairo. From there he moved on to become a senior trader with Bank of America in Bahrain before assuming the post of Vice President of the Arab Banking Corporation, also in Bahrain. More»
Amwal Al Ghad - 2012-10-15 10:26:58
Muhammad Badei Abdel Maguid Samy, 69 years old, is the 8th Supreme Guide of the Muslim Brotherhood. He was born in 1943. He has succeeded Mohammad Mahdi Akef in January 2010. In 1965 Muhammed Badei earned his PHD also in veterinary medicine. Muhammad Badei is married to Somya El Shenawy, daughter of pilot officer Muhammad Ali El Shenawy.  He has 2 sons and a daughter.His Career Life Muhammad Badei was born in the industrial city of Mahalla al-Kubra on August 7, 1943. He took a degree in veterinary medicine at Cairo in 1965. Then, he was appointed lecture at the University of Asyut. Badie received a Doctorate in Veterinary Medicine from Zagazig University in 1979 and joined the faculty in 1983.  He continued to work part time as a professor of pathology at the veterinary school of Beni Suef University. Badei joined the Egyptian Muslim Brotherhood in 1959. More»
Amwal Al Ghad - 2012-09-27 09:12:52
Mohammed Khairat Saad El-Shater (born 4 May 1950) is an Egyptian engineer, businessman and Islamist political activist. He was born on May 4 1950, in  Dakahlia. He was the Muslim Brotherhood's candidate for the Egyptian presidential election in 2012 before disqualification by the election commission. Previously, he was the deputy chairman of the Brotherhood. Education, Life and Career Khairat El-Shater joined the youth wing of the Nasserist Arab Socialist Union at age 16. He studied engineering at the Alexandria University. He also has a bachelor degree in Anthropology from Ain Shams University. He has a master's in Construction Management from Mansoura University and acquired diplomas in Islamic Studies, Business Administration, Social Work and NGOs, and International Marketing. After serving in the military for two years, El-Shater studied for a Master's degree and worked as a lecturer at the Mansoura University.  Khairat al-Shater's political activism started in 1966, when he was still in secondary school. He joined the Socialist Youth Organization and, in 1967, became a founding member of al-Gama`a al-Islamiyya (the Islamic Group) in Alexandria, "where he played a pivotal role in bringing about Islamic awakening in the early Seventies. In 1968,  he participated in the student protests against the government. After president Anwar Sadat's assassination in 1981 El-Shater was exiled as an Islamist dissident, and left for England. After returning in the mid-1980s, he became an active member of the Muslim Brotherhood. In 1995, he became head of the Brotherhood's Greater Cairo branch. More»